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About the Listing 300063 - 496502379
Welcome to East Terrace Cooperative, a Hidden Gem in Cambridge, MN. Nestled in a lovely residential neighborhood, East Terrace Cooperative is a premier 55+ community just minutes away from excellent shopping, dining, and recreation. Here, you can truly enjoy maintenance-free living at its finest! When you purchase a share in this cooperative, your investment grows while you enjoy lower monthly costs through shared services. • How it works: You are purchasing the equity paid by the seller and assuming a portion of the building’s master mortgage allocated to your specific unit. • Simple qualification: Once financially qualified, you assume your share of the master mortgage, making the transition seamless. What’s Included? Your monthly member fee of $1,732.00 takes the guesswork out of budgeting. It is an all-inclusive fee that covers: • Financials: Your portion of the master mortgage (principal, interest, and mortgage insurance), property taxes, and master building insurance. • Utilities: Heat, water, sewer, trash removal, internet, cable, phone, and common area electricity/AC. • Maintenance & Management: Professional management, standard replacements, and all repairs/maintenance for both your unit and common areas (including appliances and fixtures). Member Responsibility: Members are only responsible for their personal unit electricity and an HO6 insurance policy. Home & Community Features Enjoy a spacious, one-level layout boasting 1,067 square feet of comfortable living space with recent modern updates. Beyond your front door, you’ll have access to fantastic, shared amenities: • Community room & library • Fitness area & workshop • Large outdoor deck • On-site car wash • Convenient laundry rooms on each level At East Terrace, you aren't just buying a share in a cooperative; you're joining a community. You even have the opportunity to join a committee and have a direct voice in the cooperative's operations!
Listing Highlights
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances: Dishwasher, Disposal, Range, Refrigerator
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft: 1067
- Basement:
- Other: Balcony,Cable,Ceiling Fan(s),Deck,Indoor Sprinklers,Kitchen Center Island,Local Area Network,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Walk-In Closet,Private Primary,Main Floor 1/2 Bath,Main Floor 3/4 Bath,Living/Dining Room,All Living Facilities on One Level,Main Floor Bedroom
- Water: City Water/Connected
Exterior Details
- Lot Description: Corner Lot,Tree Coverage - Medium
- Garage Capacity: 1 car
- Lot Dimensions: Common
- Zoning: Residential-Single Family
- Roof: Age 8 Years or Less
- Others:
- Sewer: City Sewer/Connected
- Parking Features: Assigned,Attached Garage,Asphalt,Garage Door Opener,Guest Parking,Heated Garage,Parking Lot,Paved Lot,Tuckunder Garage,Underground
Financial Details
- Tax Amount: $810
- Taxes w/Assessments: N/A
- Tax/Property ID: 151760370
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
2155 6th Ln SE Unit 206 Cambridge, MN 55008
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